Jade is planning to sell 100,000 units of Product Excellence for P12 per unit. The fixed costs ratio is equal to 25% of sales. In order to realize a return on sales ratio of 10%, what would be the variable cost per unit?

Jade is planning to sell 100,000 units of Product Excellence for P12 per unit. The fixed costs ratio is equal to 25% of sales. In order to realize a return on sales ratio of 10%, what would be the variable cost per unit?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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